Question
Grade Details - All Questions 1. Question : A financial planner's unreasonably excessive buying or selling of securities to generate commissions is known as:
Student Answer:
unauthorized trading
fraud or misrepresentation
churning
failure or delay in processing
2. Question : A plaintiff must establish all of the following in order to be successful in proving the defendant's negligence in a product liability lawsuit except:
Student Answer:
proximate cause
duty
intention
breach
3. Question : The charter of the United Nations expressly allows trade sanctions and embargoes.
Student Answer:
True
False
4. Question : A hazardous condition that exists throughout an entire product line is a:
Student Answer:
failure to warn
design defect
inherent hazard
product flaw
5. Question : The restrictions some countries place on the number and kinds of products that may enter their nation in order to maintain a positive balance of trade is known as:
Student Answer:
tariffs
quota systems
trade sanctions
boycotts
6. Question : Sulfur emissions cause pollutants to be discharged into the atmosphere and result in:
Student Answer:
the greenhouse effect
acid rain
ozone depletion
chlorofluorocarbons
7. Question : The federal agency responsible for the safety of automobiles sold in the United States is the:
Student Answer:
NHTSA
CPSC
FDA
EPA
8. Question : Businesses that create pollution may be required to pay a fine, however they cannot be found liable for negligence.
Student Answer:
True
False
9. Question : Psychiatrists who learn from a patient that he or she intends to do harm to another has the legal responsibility to the patient to maintain confidentiality and cannot disclose such information to authorities.
Student Answer: True
False
10. Question : The phase of drug testing that the safety and effectiveness of the drug is evaluated in trials involving a great number of people is:
Student Answer:
Phase I
Phase II
Phase III
Phase IV
11. Question : Damage to the ozone layer in the atmosphere is cause by:
Student Answer:
the greenhouse effect
acid rain
space junk
chlorofluorocarbons
12. Question : When a host country mandates that at least partial ownership of a foreign company be sold to local citizens or companies prior to the foreign company's conducting business within the host country's borders, it is called:
Student Answer:
confiscation
expropriation
exclusion
domestication
13. Question : Pursuant to the Clean Air Act, a standard which serves to protect human life and health is a:
Student Answer:
secondary standard
principal standard
derived standard
primary standard
14. Question : A financial planner's intentional or negligent misstatement or non-disclosure of a material fact relating to an investment is known as:
Student Answer:
unauthorized trading
fraud or misrepresentation
churning
failure or delay in processing
15. Question : A physician can be found to be negligent for any of the following except:
Student Answer: failure to order appropriate tests
failure to prescribe appropriate medications
failure to render an accurate prognosis
failure to treat all patients equally
16. Question : Countries that enact laws prohibiting trade with specific countries are said to be using:
Student Answer: tariffs
quota systems
trade sanctions
boycotts
17. Question : To help allay costs in addressing environmentally scarred land CERCLA created a fund known as the:
Student Answer:
Toxic Waste Trust Fund
Superfund
Hazardous Substance Trust Fund
Environmental Cleanup Fund
18. Question : A professional's improper or immoral conduct in the performance of his or her duties through carelessness or lack of knowledge is considered to be:
Student Answer: misbehavior
malpractice
misdemeanor
misconduct
19. Question : In a product liability lawsuit, the plaintiff must show that the defendant either acted improperly, or failed to act.
Student Answer:
True
False
20. Question : When a host country takes title to all of the assets of a foreign company and provides compensation to the owners of the foreign company, it is called:
Student Answer:
confiscation
expropriation
exclusion
domestication

unauthorized tradingfraud or misrepresentationchurningfailure or delay in processing2. Question : A plaintiff must establish all of the following in order to be successful in proving the defendant's negligence in a product liability lawsuit except:Student Answer: